The future looks bright?

01 April 2011

The recent announcement that real incomes in the UK have fallen for the first time in thirty years highlights the vulnerability of the older people to inflation. The almost seemingly relentless increase in the cost of living, particularly energy costs, is eating in to the often fixed incomes of older people.

Perhaps that is why at Audley we are seeing increasing numbers of people visiting our villages who have made the decision that downsizing from their family home to more appropriate as well as cost effective accommodation is the sensible route.

We have just finished the most successful quarters trading we have had for three years with enquiry, reservations and sales levels higher than we have seen for some time. Let us hope this represents not just a reawakening in the interest in the retirement village model but the beginnings of a return to health for the UK economy.